A Business Has the Following Transactions: the Business Is Started $\begin{array} { r | r } { \text { Cash } } \\\hline 20,000 & \\& 2,000 \\& 3,000 \\1,500 & 500 \\\hline 16,000 &\end{array}$

question 110

Multiple Choice

A business has the following transactions: The business is started by receiving $20,000 from the owner. The business purchases $500 of supplies on account. The business purchases $2,000 of furniture on account. The business renders services to various clients totaling $9,000 on account. The business pays out $2,000 for Salary expense and $3,000 for Rent expense. The business pays $500 to a supplier for the supplies purchased earlier. The business collects $1,500 from one of its clients for services rendered earlier in the month. At the end of the month, all journal entries are posted to the ledger. The Cash account will appear as follows:

• A) \(\begin{array} { r | r }

---

Definitions:

Primary Data

Data collected directly by the researcher through surveys, experiments, or observations for a specific research purpose.

Mail Surveys

A method of collecting data by sending questionnaires through postal mail to respondents, who are expected to complete and return them.

Telephone Interviews

An interview process conducted over the phone, often used in market research or job screening.

Marketing Research

The systematic gathering, recording, and analyzing of data about problems relating to the marketing of goods and services.